The Chinese government has decided to buy electric cars to reduce pollution. In this sequence, China has updated its purchase list. How will Tesla benefit from this move in China? We are telling you in this news.
China Includes EV In Purchase List
The Chinese government has also included Tesla in its purchase list to promote electric vehicles. According to Chinese media, this move will greatly benefit electric companies.
What Will Be The Benefit
The benefit of including Tesla in the purchase list is that the local government in China can now buy Tesla cars as service cars. The paper said this is the first time Tesla’s cars have been made eligible for government purchase in China.
Which Cars Were Included
According to China’s official media outlet Paper on Thursday, Tesla’s best-selling Model Y has been included in the purchase list of electric and plug-in hybrid models. China’s eastern Jiangsu provincial government published 56 batches of new energy vehicle purchases for use as service cars by party, government, and public organizations in a government statement on June 6.
Apart from the Model Y made at Tesla’s Shanghai factory and Volvo Cars’ XC40, the 54 batches were all Chinese brand EVs and hybrids. Chinese automaker Zhejiang Geely Holding Group owns Volvo Cars. Neither the government nor the Chinese media gave the number of Model Y cars that the Jiangsu provincial government may buy.
Banned Earlier
Tesla’s cars were banned from entering some government and military complexes in China. The restrictions were lifted after receiving support from the country’s top auto industry association, which said data collection by Tesla fleets in China in April was compliant. As demand for Chinese cars abroad has fallen due to the possibility of tariffs and domestic competition, Tesla’s deliveries of China-made vehicles fell 9% in the first half compared with the same period in 2023.